LMT Lockheed Martin

Q3 2025 10-Q
Filed: Oct 21, 2025Period ending Sep 28, 2025
Industrials
Guided Missiles & Space Vehicles & PartsSEC EDGAR

Lockheed Martin (LMT) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 21, 2025 for the fiscal period ending Sep 28, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Revenue $18.6B, up 9% YoY from $17.1B; nine-month sales $54.7B, up 4% from $52.4B
  • Operating margin 12.3% ($2.3B profit on $18.6B sales) vs 12.5% ($2.1B on $17.1B) YoY Q3
+4 more insights

Risk Factors

  • No new risk factors added this quarter compared to 2024 Form 10-K
  • No material changes in existing risk factors since 2024 Form 10-K
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$18.6B

+8.8% YoY +2.5% QoQ

Net Income

$1.6B

-0.2% YoY +373.4% QoQ

Gross Margin

12.0%

-34bp YoY +799bp QoQ

Operating Margin

12.3%

-26bp YoY +813bp QoQ

Net Margin

8.7%

-79bp YoY +682bp QoQ

ROE

26.2%

Total Assets

$60.3B

EPS (Diluted)

$6.94

+1.9% YoY +372.1% QoQ

Operating Cash Flow

$3.7B

+52.9% YoY +1754.7% QoQ

Source: XBRL data from Lockheed Martin Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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